Lantronix SEC Filings

Lantronix, Inc. (LTRX) is soliciting proxies for its November 4, 2025 annual meeting. Stockholders of record as of September 8, 2025 may vote; 39,271,361 shares were outstanding on the record date. The board recommends voting FOR the six director nominees, FOR ratification of Baker Tilly US, LLP as auditors, FOR the named executive officer compensation disclosure and 1 Year for advisory frequency on executive compensation. The proxy describes board committees, director independence, compensation governance, equity and cash incentive structures, insider trading and clawback policies, and provides procedures for voting, revocation and stockholder proposals.

Bernhard Bruscha, a director of Lantronix, Inc. (LTRX), reported sales and current holdings on Form 4. The filing shows dispositions executed on 09/05/2025: 12,993 shares were sold in multiple trades at a weighted average price of $4.64, and 156,454 shares were also disposed of. The report also states that TL Investment GmbH, for which Mr. Bruscha serves as managing director, directly holds 5,166,471 shares. Mr. Bruscha disclaims beneficial ownership of certain shares held by his spouse except to the extent of any pecuniary interest. The form is signed by an attorney-in-fact on behalf of Mr. Bruscha.

Bernhard Bruscha, a director of Lantronix, Inc. (LTRX), reported insider disposition activity on a Form 4. The filing shows a sale of 10,000 shares of common stock on 09/02/2025 at a weighted average price of $5.03, and a separate reported disposition of 156,454 shares. The report discloses that Mr. Bruscha serves as managing director of TL Investment GmbH, which directly owns 5,166,471 shares, and that 12,993 shares are held by his spouse (he disclaims beneficial ownership except to the extent of pecuniary interest). The filing was signed by an attorney-in-fact on behalf of Mr. Bruscha on 09/04/2025.

Brent M. Stringham, Chief Financial Officer of Lantronix, Inc. (LTRX), reported multiple restricted stock unit (RSU) vestings on 09/01/2025. The filing shows RSUs from grants dated 09/13/2021, 01/02/2022, 09/01/2022, 10/03/2023 and 10/01/2024 vesting on that date and converting into shares of common stock. The reported RSU vestings totaled 14,796 RSUs and increased potential common shares held.

Per the RSU award terms, 5,291 shares were withheld to satisfy tax withholding, and the reporting person beneficially owned 85,440 shares following the transactions reported on this Form 4.

Kurt W. Hoff, Chief Revenue Officer of Lantronix, Inc. (LTRX), reported insider transactions related to vested restricted stock units (RSUs) and tax withholding. The filing shows three transactions: two RSU vesting events that added 3,469 and 5,201 shares to beneficial ownership at a $0 acquisition price, and a disposition of 2,652 shares withheld to satisfy tax withholding at $4.97 per share. After these entries the reporting person beneficially owns 32,585 shares (post-withholding) with direct ownership noted. The transactions reflect routine equity compensation vesting and withholding rather than open-market trading.

Lantronix, Inc. (LTRX) Form 4: Officer Mathi Gurusamy reported RSU vesting and a tax-withholding disposition on 09/01/2025. Two prior RSU grants (June 1, 2024 and July 1, 2024) began vesting earlier in 2025 and additional tranches vested on September 1, 2025. A total of 11,310 RSUs vested on that date (3,335 from the July grant and 7,975 from the June grant). To satisfy tax withholding, 4,046 shares were withheld and disposed at $4.97 per share. Following these transactions the reporting person beneficially owned 56,119 shares of common stock.

Saleel Awsare, who is listed as President & CEO and a director of Lantronix, Inc. (LTRX), reported transactions on 09/01/2025 related to restricted stock units (RSUs). 5,825 RSUs were deemed acquired as vested shares from an award granted July 1, 2024, and 2,084 shares were withheld to satisfy tax withholding, resulting in 291,208 shares of common stock beneficially owned after the withholding. The RSU award vests one-third on July 1, 2025, then quarterly beginning September 1, 2025, with full vesting by June 1, 2027.

Lantronix, Inc. (LTRX) Form 144 notice for proposed sale of securities. The filing reports an intended sale of 22,993 shares of common stock through Charles Schwab with an aggregate market value of $114,160.25, representing part of the issuer's 39,151,106 shares outstanding. The shares were acquired as compensation on 11/07/2023, and the approximate sale date is listed as 09/02/2025 on NASDAQ. The filer certifies no undisclosed material adverse information and reports no sales of the issuer's securities by the filer in the past three months.

Lantronix, Inc. (LTRX) provides edge compute and connectivity solutions across Smart Cities, Enterprise and Unmanned Aerial Systems markets. The filing discloses a fiscal year marked by an acquisition of Netcomm for $6,458,000 in cash that added customer relationships, developed technology and goodwill of $3,265,000. Fiscal 2025 operations resulted in a loss from operations of $11,001,000 and a loss before income taxes of $11,612,000 versus smaller losses in the prior year. IoT System Solutions revenue was $68,735,000 compared with $104,450,000 in the prior period. The company reports 39,102,563 shares issued and outstanding at June 30, 2025 and discloses senior credit facilities with a revolving maturity of August 1, 2028.